February 16, 2017
An Indiana federal judge on Thursday backed a receiver's plan to distribute recovered funds to investors allegedly misled about an asset manager's use of $15 million in farm loans, denying a group's plan to split the investors into different tiers for recovery.
June 22, 2016
An Indianapolis federal judge on Wednesday ruled that the head of a New York brokerage must face allegations by the U.S. Securities and Exchange Commission that he aided an Indiana asset manager in misleading investors about the use of $15 million in farm loans, saying issues of fact remain in the case.
April 24, 2015
A $160 million Indiana investment company's assets are frozen after the SEC accused the company Wednesday of grossly misleading clients about the actual uses of $15 million raised to provide operating funds for farmers.